Nvidia CEO Predicts Marvell as Next Trillion-Dollar Company, Stock Surges 25%
At Computex week in Taipei, Nvidia CEO Jensen Huang declared Marvell Technology the "next trillion-dollar company," praising its networking chips as essential for AI data centers. Marvell's stock surged over 23% in premarket trading on June 2, 2026, adding over $44 billion in market cap. The endorsement follows Nvidia's $2 billion investment in Marvell earlier this year. Marvell has forecast its custom chips business will exceed $10 billion in revenue by fiscal 2029, driven by AI expansion.
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Marvell Technology Surges on Price Target Hike and S&P 500 Inclusion
Marvell Technology (NASDAQ:MRVL) closed at $310.58, up 7.27%, after KeyBanc raised its price target from $260 to $385, citing growing demand for its optical networking capabilities. The stock is also set to join the S&P 500 next week, which typically triggers buying from index-tracking funds. The broader market rallied as the U.S. and Iran took steps toward peace, with the S&P 500 rising 1.08% to 7,501 and the Nasdaq Composite gaining 1.91% to 26,518. Semiconductor peers Broadcom (AVGO) and Qualcomm (QCOM) also rose 4.70% and 6.17% respectively, reflecting chip sector strength. Marvell has gained over 265% year-to-date, fueled by AI spending from big tech firms and an expanded partnership with Nvidia. The company recently raised its 2028 revenue forecast from $15 billion to $16.5 billion. Trading volume surged 383% above its three-month average, indicating strong investor interest.
Yahoo FinanceMarvell Technology Surges After S&P 500 Inclusion Confirmed
Marvell Technology (NASDAQ: MRVL) closed Monday at $288.85, up 9.63%, after confirmation that it will join the S&P 500 index later in June. The stock's surge was driven by institutional buying as index trackers adjust their portfolios. Trading volume reached 83.6 million shares, about 159% above its three-month average. The S&P 500 added 0.30% to finish at 7,406, while the Nasdaq Composite gained 0.86% to close at 25,930. Other semiconductor stocks also rose, with Monolithic Power Systems up 5.28% and Microchip Technology up 3.43%. The S&P 500 plans to drop Pool Corporation and The Campbell's Company in favor of Marvell Technology and Flex. Marvell's shares have more than tripled in 2026, boosted by Nvidia CEO Jensen Huang calling the company the 'next trillion-dollar company' and describing its chips as 'essential' for AI data centers. Marvell trades at 71 times forward earnings but expects 40% revenue growth this year.
Yahoo FinanceMarvell Technology to Join S&P 500, Stock Surges
Marvell Technology (MRVL) shares rose sharply after the company announced it will join the S&P 500 Index on June 22, replacing Pool Corporation. The inclusion is expected to trigger billions of dollars in programmatic buying from passive funds and institutional investors. The stock has already gained 230% year-to-date, driven by strong demand for its custom AI chips and optical interconnect products. CEO Jensen Huang of Nvidia recently called Marvell a 'next trillion-dollar opportunity.' Despite a high price-to-sales ratio of 34x, the company projects revenue will more than double to $16.5 billion by fiscal 2028, fueled by custom accelerators and XPU design wins from major cloud providers. The article notes that index inclusion typically attracts a deeper base of long-term institutional investors, citing Vertiv Holdings' 30% gain after its March 2026 inclusion.
Yahoo FinanceMarvell to Join the S&P 500 as Stock Continues Absolute Heater
Marvell Technology, an AI chipmaker, has been selected to join the S&P 500 index on June 22, 2026, sending its shares up 10.4% at the open. The stock is up 210% year-to-date, driven by strong AI infrastructure demand. Key catalysts include Nvidia CEO Jensen Huang calling Marvell the 'next trillion-dollar company' at Computex, which caused a 32.5% single-day surge, and Nvidia's $2 billion investment announced March 31. Marvell reported first-quarter revenue of $2.4 billion, beating estimates, with guidance pointing higher due to data center strength. The company designs high-performance chips for cloud, enterprise networking, 5G, and automotive sectors. S&P inclusion provides a structural bid from passive index funds, adding to the positive momentum.
Yahoo FinanceMarvell to Join the S&P 500 as Stock Continues Absolute Heater
Marvell Technology, an AI chipmaker, will join the S&P 500 on June 22, 2026, sending shares up 10.4% at the open. The stock is up 210% year-to-date, driven by Nvidia CEO Jensen Huang calling it the 'next trillion-dollar company' at Computex, which caused a 32.5% single-day gain, and Nvidia's $2 billion investment announced March 31. Marvell's first-quarter revenue of $2.4 billion beat estimates, with strong data center business guidance. The S&P inclusion ensures passive index funds will be required buyers, providing a structural bid. The article notes that Moby, the platform, had added Marvell as a stock pick on March 19, before the Nvidia investment.
Yahoo FinanceMarvell's S&P 500 Inclusion Could Spark Fresh ETF Buying Despite Valuation Concerns
Marvell Technology (NASDAQ: MRVL) is set to join the S&P 500 Index on June 22, 2026, following a volatile week. The stock surged over 10% on the announcement after a 16% plunge on Friday amid semiconductor sector sell-off. The inclusion introduces a powerful technical catalyst: passive fund buying. Index-tracking ETFs like SPY, IVV, and VOO, which collectively manage over $2 trillion, will need to purchase Marvell shares during rebalancing. With approximately $20 trillion in assets indexed to the S&P 500, even a small weighting (likely less than 1%) could generate significant demand. The move comes after NVIDIA CEO Jensen Huang called Marvell 'the next trillion-dollar company,' though valuation concerns persist following the stock's 250% year-to-date gain.
Yahoo FinanceMarvell Technology Shares Surge on S&P 500 Inclusion Announcement
Marvell Technology Inc (NASDAQ:MRVL) shares jumped 10% in early trading after being confirmed for addition to the S&P 500 index as part of its quarterly reshuffle. The stock had already risen in after-hours trade Friday following the announcement. Since the start of 2026, the semiconductor stock has surged over 230%, and over 450% in the past five years. The share price was further boosted earlier in the week by Nvidia CEO Jensen Huang's public declaration that Marvell could be 'the next trillion-dollar company,' as well as upbeat broker commentary following blowout first-quarter earnings. S&P Dow Jones Indices also added Flex Ltd, a manufacturing and supply-chain company, to the index. The incoming pair will replace Pool Corporation and Campbell's Co when trading begins on June 22, 2026. Wall Street views S&P 500 inclusion as both a prestige event and a demand driver, as index funds and ETFs automatically buy included stocks.
Yahoo FinanceMarvell Stock Surges on S&P 500 Inclusion
Marvell Technology (MRVL) stock surged over 9% on Monday following the announcement that the semiconductor company will officially join the S&P 500 index on June 22. The gains helped recover much of Friday's losses from a market-wide sell-off. Marvell's stock has rallied sharply in recent weeks, partly due to Nvidia CEO Jensen Huang calling it 'the next trillion-dollar company.' The custom chipmaker's market cap reached approximately $230 billion, with shares up nearly 240% year to date. The article also notes that memory chipmakers Micron, Samsung, and SK Hynix recently reached $1 trillion valuations, highlighting the semiconductor sector's central role in the artificial intelligence trade driving broader market highs.
Yahoo FinanceMarvell Stock Surges on S&P 500 Inclusion
Marvell Technology (MRVL) stock surged 9% in premarket trading on Monday after the semiconductor company was announced as a new addition to the S&P 500 index, officially joining on June 22. The gains partially recovered Friday's losses from a market-wide sell-off. Marvell's stock has rallied sharply recently, boosted by Nvidia CEO Jensen Huang's comment calling it 'the next trillion-dollar company.' The custom chipmaker's market cap stood at around $230 billion, with shares up over 210% year to date. The article also notes that memory chipmakers Micron, Samsung, and SK Hynix recently reached $1 trillion valuations for the first time, highlighting the broader semiconductor sector's central role in the artificial intelligence trade driving market highs.
Yahoo FinanceMarvell shares jump after chipmaker wins spot in S&P 500
Marvell Technology shares surged over 9% on Monday after being selected to join the S&P 500 index, replacing Pool Corp effective June 22. The chipmaker's stock has gained about 59% since May 27, driven by a forecast that its custom-chip business will surpass $10 billion in revenue by fiscal 2029 and a bullish endorsement from Nvidia CEO Jensen Huang, who called Marvell the next 'trillion-dollar company.' The inclusion follows Marvell reporting a GAAP profit over the most recent four quarters, overcoming a key barrier. The move underscores how the AI boom is reshaping major U.S. stock indexes, with chipmakers gaining larger weightings. Despite a 16.7% drop on Friday amid a broader chip sector selloff that erased $1.3 trillion in market value, Marvell's market cap stood at about $230 billion. The Philadelphia Semiconductor Index remains up over 72% year-to-date.
Yahoo FinanceMarvell Technology stock surges on S&P 500 addition
Marvell Technology stock surged approximately 9% in premarket trading on Monday after S&P Dow Jones Indices announced the chipmaker would join the S&P 500 index on June 22, replacing Pool Corp. The addition follows a quarterly rebalance and comes after Marvell cleared a key profitability requirement by posting GAAP profits over the past four quarters. The stock had already gained 210% year-to-date, driven by strong AI demand and a recent $2 billion investment from Nvidia. Marvell reported record quarterly revenue of $2.42 billion, with its data center segment contributing 76%. The positive news partially reversed a 17% decline from the prior week triggered by weak guidance from Broadcom. Nvidia CEO Jensen Huang recently called Marvell the 'next trillion-dollar company' at Computex.
Yahoo FinanceMarvell Technology to Join S&P 500 After AI Boom Drives Profitability
Marvell Technology is set to join the S&P 500 index on June 22, replacing PoolCorp, after meeting a key profitability requirement amid an AI-driven rally. The chipmaker reported a GAAP profit in the December quarter and over the past four quarters, overcoming a previous barrier. Marvell's shares have more than tripled in 2026, boosted by AI demand and a recent 29% weekly gain partly due to Nvidia CEO Jensen Huang calling it the 'next trillion dollar company.' Marvell and rival Broadcom design custom chips for cloud-computing data centers, a business that has grown as Big Tech seeks alternatives to Nvidia's costly AI processors. The company forecast its custom chip revenue would exceed $10 billion by fiscal 2029. The inclusion reflects how the AI boom is reshaping U.S. equity benchmarks, with chip and data-center firms gaining weight. Index funds and ETFs tracking the S&P 500 will be required to buy Marvell shares. Separately, contract manufacturer Flex will also join the index, replacing Campbell's.
Yahoo FinanceMarvell Technology Stock Rebounds After Broadcom Earnings Slump
On June 4, 2026, Marvell Technology bucked the broader chip industry trend by closing 4.9% higher, recovering from a slump triggered by Broadcom's disappointing guidance. While most semiconductor stocks remained lower following Broadcom's earnings report, Marvell benefited from a recent high-profile endorsement by Nvidia CEO Jensen Huang, who suggested the company could join the trillion-dollar club. The stock's comeback highlights investor confidence in Marvell's AI-related prospects despite sector-wide headwinds.
Yahoo FinanceNvidia CEO Jensen Huang Predicts Marvell Technology Will Be Next $1 Trillion Company; Shares Surge
Nvidia CEO Jensen Huang publicly endorsed Marvell Technology at the Computex AI Exhibition in Taiwan, predicting it could become the next trillion-dollar company. Nvidia holds a $2 billion stake in Marvell, and the two firms collaborate on NVLink Fusion and silicon photonics. Following the endorsement, Marvell shares surged 29% in a single session and are up 55% over the past week, with a current market cap of approximately $276 billion. The company reported Q1 FY2027 revenue of $2.42 billion, up 27.6% year-over-year, and guided Q2 to $2.70 billion. Marvell and Broadcom together control roughly 80% of the custom ASIC market, a segment projected to grow 100% by fiscal 2029. Wall Street has nearly tripled its earnings outlook for Marvell, projecting adjusted EPS to rise from $4 in 2027 to $14 by 2030. Despite the rally, some analysts caution that the stock's 232% gain before the endorsement may already price in much of the optimism.
Yahoo FinanceJim Cramer Warns Against Chasing Marvell Stock Surge After Jensen Huang's $1 Trillion Prediction
CNBC's Jim Cramer expressed concern over Marvell Technology's record one-day stock surge, which was triggered by Nvidia CEO Jensen Huang's prediction that Marvell would become the next $1 trillion company. Speaking on 'Squawk on the Street,' Cramer warned investors against chasing AI stocks that spike on one person's words rather than results, though he reiterated his support for Marvell and its CEO Matt Murphy. The stock closed up 32.52%, adding tens of billions to Marvell's market value. Cramer's caution focused on the rally's trigger, noting that Huang's firm Nvidia holds a $2 billion stake in Marvell, creating a potential conflict of interest. Marvell, which designs custom AI chips and networking hardware, had reported record first-quarter revenue of $2.42 billion prior to the surge.
Yahoo FinanceJim Cramer Warns Against Chasing Marvell's Record Rally After Nvidia CEO's $1 Trillion Prediction
CNBC's Jim Cramer expressed concern over Marvell Technology's record one-day stock surge of 32.52%, triggered by Nvidia CEO Jensen Huang's prediction that Marvell would become the next $1 trillion company. Speaking at Computex in Taipei, Huang highlighted Marvell's role in providing connective hardware for AI data centers. Cramer, while remaining a fan of Marvell, warned investors against chasing stocks that spike on one person's words rather than results. Notably, Nvidia had taken a $2 billion stake in Marvell in March, a detail that received less attention. The rally added tens of billions to Marvell's market value, following the company's record first-quarter revenue of $2.42 billion.
Yahoo FinanceMarvell Technology Stock Rises on Analyst Upgrade and Nvidia CEO Endorsement
Marvell Technology (NASDAQ: MRVL) shares rose nearly 4% on Wednesday, June 3, 2026, reaching another all-time high following a bullish analyst update from Stifel's Tore Svanberg. Svanberg raised his price target from $230 to $321 per share while maintaining a buy rating, citing CEO Matt Murphy's keynote at Computex 2026 which validated the company's AI-focused connectivity silicon strategy. Additionally, Nvidia CEO Jensen Huang described Marvell as 'essential' at the same conference, providing a powerful endorsement given Nvidia's prominence in AI. The article positions Marvell as a strong play on AI infrastructure expansion, though it notes the Motley Fool's Stock Advisor did not include Marvell among its top 10 recommended stocks.
Yahoo FinanceNvidia CEO Jensen Huang Says Marvell Could Be the Next $1 Trillion Chip Company, Fueling a Rally in MRVL Stock
Nvidia CEO Jensen Huang stated at COMPUTEX 2026 that Marvell Technology could become the next $1 trillion chip company, triggering a 32.52% single-session surge in MRVL stock on June 2, 2026, adding roughly $70 billion in market value and briefly pushing its capitalization to $254.38 billion. The article examines Marvell's fundamentals, noting its 261.1% year-to-date share price increase, revenue of $2.42 billion in Q1 2026 (up 27.6% YoY), adjusted EPS of $0.80, and a price-to-sales multiple of 22.15x versus a sector median of 3.73x. Marvell designs data center connectivity chips, custom accelerators, and 5G infrastructure solutions. Huang also set a target for Nvidia to reach $10 trillion by 2030, following its historic $4 trillion market cap milestone last year.
Yahoo FinanceMysterious traders rush to AI stock after NVIDIA CEO’s $1T call
NVIDIA CEO Jensen Huang predicted Marvell Technology (MRVL) would become the next trillion-dollar company during a Computex Week keynote on June 1, 2026. Following this, Marvell's stock surged from over $200 to an all-time high of $324.15. NVIDIA had also announced a $2 billion investment in Marvell on May 31 and a strategic partnership. The surge attracted anonymous traders on the decentralized crypto exchange Hyperliquid, where a Marvell-linked perpetual futures contract became the largest U.S. stock contract traded on the platform, posting $293 million in 24-hour volume and $121.87 million in open interest. The traders remain unidentified, visible only by blockchain wallet addresses, adding a layer of mystery to the trading frenzy.
Yahoo FinanceNvidia CEO Crowns Marvell Technology as Next Trillion-Dollar Chip Stock, Shares Surge 33%
At Computex on June 2, Nvidia CEO Jensen Huang unexpectedly appeared during Marvell Technology CEO Matt Murphy's keynote and declared Marvell the 'next trillion-dollar company,' praising its networking and connectivity chips as essential for AI data centers. The endorsement, following Nvidia's $2 billion equity investment in Marvell, triggered a record 33% single-day surge in Marvell shares, adding roughly $56 billion in market value and pushing the company above $250 billion. Meanwhile, investor Michael Burry, famous for 'The Big Short,' has taken a bearish stance on Nvidia, buying put options on one million shares. Burry warned of Nvidia's customer concentration risk, noting that its top three customers now account for 64% of accounts receivable, up from 33% in 2020. The article highlights the bullish case for Marvell as a key player in AI connectivity infrastructure, while also noting skepticism over its valuation and competition from Broadcom.
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